Real Estate Investment Properties for Sale in Roanoke, VA

Looking for investment property in Roanoke, VA with high ROI ?

Explore a variety of short-term homes & houses in Roanoke, VA. Invest wisely with VRBO & Roanoke, VA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Roanoke, VA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2631 Idlewild BLVD NE Roanoke, VA Stunning cape cod completely Remodeled-Brick, maintenance free exterior located in the ci...	3 beds \| 2 baths \| 2,058 sq.ft.	$310,000	Airbnb cash on cash: 5.26% Traditional cash on cash: 3.46% Airbnb Rental Income: $2807 Traditional Rental Income: $1627 Airbnb ROI: 5.26% Traditional ROI: 3.46%
2125 Yellow Mountain RD Roanoke, VA Enjoy the ease of condo living without sacrificing space or style in this beautifully reno...	3 beds \| 4 baths \| N/A	$1,250,000	Airbnb cash on cash: 0.35% Traditional cash on cash: -0.31% Airbnb Rental Income: $3168 Traditional Rental Income: $1675 Airbnb ROI: 0.35% Traditional ROI: -0.31%
1609 Center Hill DR SW Roanoke, VA Gracefully situated in the heart of SW Roanoke, this timeless Brick Colonial blends classi...	3 beds \| 3 baths \| 2,216 sq.ft.	$485,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 3.38% Airbnb Rental Income: $1203 Traditional Rental Income: $2576 Airbnb ROI: -0.51% Traditional ROI: 3.38%
110 Barbara LN Roanoke, VA Charming and move-in ready! This updated brick ranch in sought-after Botetourt County sits...	3 beds \| 2 baths \| 2,128 sq.ft.	$369,950	Airbnb cash on cash: 4.3% Traditional cash on cash: 5.16% Airbnb Rental Income: $2780 Traditional Rental Income: $2428 Airbnb ROI: 4.3% Traditional ROI: 5.16%
3515 Yellow Mountain RD SE Roanoke, VA Immaculate and move-in ready, this gorgeous home blends style, comfort, and updates you'll...	3 beds \| 2 baths \| 1,620 sq.ft.	$270,000	Airbnb cash on cash: 6.3% Traditional cash on cash: 5.28% Airbnb Rental Income: $2921 Traditional Rental Income: $1986 Airbnb ROI: 6.3% Traditional ROI: 5.28%
5333 Thornrose RD Roanoke, VA Tastefully updated 1950s home with two primary suites and laundry on entry level! Stunning...	3 beds \| 3 baths \| 1,582 sq.ft.	$270,000	Airbnb cash on cash: 3.97% Traditional cash on cash: 6.71% Airbnb Rental Income: $2084 Traditional Rental Income: $2245 Airbnb ROI: 3.97% Traditional ROI: 6.71%
8664 Martins Creek RD Roanoke, VA Motivated seller offering $5,000 towards closing costs with appropriate offer! Tons of sce...	3 beds \| 3 baths \| 1,612 sq.ft.	$335,000	Airbnb cash on cash: 0.95% Traditional cash on cash: 4.61% Airbnb Rental Income: $1346 Traditional Rental Income: $2084 Airbnb ROI: 0.95% Traditional ROI: 4.61%
4915 Pomeroy RD NW Roanoke, VA Updated ranch home with NEW WINDOWS and a HUGE 28x28 GARAGE. Beautiful hardwood floors, u...	2 beds \| 2 baths \| 1,676 sq.ft.	$269,950	Airbnb cash on cash: 4.21% Traditional cash on cash: 4.94% Airbnb Rental Income: $2218 Traditional Rental Income: $1847 Airbnb ROI: 4.21% Traditional ROI: 4.94%
5260 Crossbow CIR #3E Roanoke, VA Welcome to this beautifully maintained, move-in ready condo located in one of the county's...	2 beds \| 2 baths \| 1,178 sq.ft.	$204,950	Airbnb cash on cash: 4.76% Traditional cash on cash: 4.23% Airbnb Rental Income: $2262 Traditional Rental Income: $1594 Airbnb ROI: 4.76% Traditional ROI: 4.23%
3706 Derby DR Roanoke, VA Step through the front door and be immediately captivated by the warmth and character of c...	3 beds \| 3 baths \| 2,197 sq.ft.	$550,000	Airbnb cash on cash: 1.72% Traditional cash on cash: 2.94% Airbnb Rental Income: $2471 Traditional Rental Income: $2501 Airbnb ROI: 1.72% Traditional ROI: 2.94%
1918 Langdon RD SW Roanoke, VA If you are looking for an amazing home in the Grandin area to relax and entertain in, look...	3 beds \| 3 baths \| 2,056 sq.ft.	$389,900	Airbnb cash on cash: 0.29% Traditional cash on cash: 5.01% Airbnb Rental Income: $1203 Traditional Rental Income: $2541 Airbnb ROI: 0.29% Traditional ROI: 5.01%
218 Post RD Roanoke, VA Cute as a button with everything you need on one level on a nice flat lot featuring a beau...	2 beds \| 1 baths \| 864 sq.ft.	$199,950	Airbnb cash on cash: 5.02% Traditional cash on cash: 5.62% Airbnb Rental Income: $1900 Traditional Rental Income: $1509 Airbnb ROI: 5.02% Traditional ROI: 5.62%
3621 Timberline TRL Roanoke, VA Welcome to this 2 bedroom, 2 bathroom condo in Roanoke County! Featuring new carpet and t...	2 beds \| 2 baths \| 1,000 sq.ft.	$184,950	Airbnb cash on cash: -2.14% Traditional cash on cash: 5.04% Airbnb Rental Income: $620 Traditional Rental Income: $1592 Airbnb ROI: -2.14% Traditional ROI: 5.04%
324 Salem AVE #304 Roanoke, VA A well-designed loft, south facing, studio apartment with large original windows and tons ...	1 beds \| 1 baths \| 720 sq.ft.	$225,000	Airbnb cash on cash: 2.42% Traditional cash on cash: 0.86% Airbnb Rental Income: $1836 Traditional Rental Income: $1008 Airbnb ROI: 2.42% Traditional ROI: 0.86%
2343 Circle DR SW Roanoke, VA Welcome to this beautifully updated home in the Greater Deyerle Neighborhood, one of Roano...	3 beds \| 3 baths \| 2,350 sq.ft.	$399,850	Airbnb cash on cash: 0.65% Traditional cash on cash: 4.4% Airbnb Rental Income: $1538 Traditional Rental Income: $2496 Airbnb ROI: 0.65% Traditional ROI: 4.4%
3728 Hyde Park DR Roanoke, VA Welcome to this spacious 4-bedroom, 2-bathroom split foyer home, offering 1,968 square fee...	4 beds \| 2 baths \| 1,968 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.29% Airbnb Rental Income: $null Traditional Rental Income: $2300 Airbnb ROI: N/A Traditional ROI: 5.29%
916 Slusser LN Roanoke, VA Beautifully maintained split foyer in North County. Two car garage ,on a level lot with ro...	3 beds \| 3 baths \| 1,645 sq.ft.	$359,950	Airbnb cash on cash: 2.48% Traditional cash on cash: 4.46% Airbnb Rental Income: $2084 Traditional Rental Income: $2218 Airbnb ROI: 2.48% Traditional ROI: 4.46%
3990 Winding Way RD SW Roanoke, VA Location, location, location! This well-built home situated on a park-like 1-acre lot offe...	4 beds \| 3 baths \| 3,514 sq.ft.	$429,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.98% Airbnb Rental Income: $null Traditional Rental Income: $2815 Airbnb ROI: N/A Traditional ROI: 4.98%
4486 Summerset DR Roanoke, VA Welcome to this beautifully maintained 3 bedroom 2 1/2 bath home in sought after Cave Spri...	3 beds \| 3 baths \| 1,605 sq.ft.	$349,950	Airbnb cash on cash: 0.48% Traditional cash on cash: 3.71% Airbnb Rental Income: $1346 Traditional Rental Income: $1995 Airbnb ROI: 0.48% Traditional ROI: 3.71%
7425 Willow Leaf CIR Roanoke, VA Welcome to 7425 Willow Leaf Circle located in the desirable Old Mill Plantation neighborho...	4 beds \| 5 baths \| N/A	$1,145,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.02% Airbnb Rental Income: $null Traditional Rental Income: $4361 Airbnb ROI: N/A Traditional ROI: 2.02%
3406 Kim CT Roanoke, VA One-level low-maintenance without age restrictions! Neutral, bright, & inviting Roanoke Co...	1 beds \| 1 baths \| N/A	$160,000	Airbnb cash on cash: 0.35% Traditional cash on cash: 4.67% Airbnb Rental Income: $944 Traditional Rental Income: $1258 Airbnb ROI: 0.35% Traditional ROI: 4.67%
5579 Cynthia DR Roanoke, VA One-Level Living 3 Bed, 2 Bath Ranch Fenced Yard & Updated Interior: Welcome home to th...	3 beds \| 2 baths \| N/A	$309,950	Airbnb cash on cash: 1.09% Traditional cash on cash: 4.38% Airbnb Rental Income: $1346 Traditional Rental Income: $1892 Airbnb ROI: 1.09% Traditional ROI: 4.38%
3857 Park LN SW Roanoke, VA Step into comfort and charm at 3857 Park Lane! This beautifully maintained 3-bedroom, 3-ba...	3 beds \| 3 baths \| 2,788 sq.ft.	$424,950	Airbnb cash on cash: 0.63% Traditional cash on cash: 3.17% Airbnb Rental Income: $1560 Traditional Rental Income: $2123 Airbnb ROI: 0.63% Traditional ROI: 3.17%
3717 Martinell AVE Roanoke, VA New windows, new doors, new light fixtures, ceiling fans in 3 bedrooms, new appliances, ne...	3 beds \| 1 baths \| 1,855 sq.ft.	$320,000	Airbnb cash on cash: 1.02% Traditional cash on cash: 3.08% Airbnb Rental Income: $1346 Traditional Rental Income: $1554 Airbnb ROI: 1.02% Traditional ROI: 3.08%
216 Windward DR SW #216 Roanoke, VA Renovated throughout, new flooring, light fixtures, also updated kitchen, all new paint. O...	3 beds \| 3 baths \| 1,902 sq.ft.	$366,900	Airbnb cash on cash: -0.33% Traditional cash on cash: 3.11% Airbnb Rental Income: $1560 Traditional Rental Income: $2296 Airbnb ROI: -0.33% Traditional ROI: 3.11%
1719 Gordon Avenue SE Roanoke, VA FALL IN LOVE WITH THIS CHARMING 3-BEDROOM, 1-BATH HOME OFFERING EFFORTLESS ONE-LEVEL LIVIN...	3 beds \| 1 baths \| 1,041 sq.ft.	$225,900	Airbnb cash on cash: 7.68% Traditional cash on cash: 4.86% Airbnb Rental Income: $2779 Traditional Rental Income: $1525 Airbnb ROI: 7.68% Traditional ROI: 4.86%
367 Washington AVE SW Roanoke, VA $10,000 credit towards closing costs, buydown, 2/1 buydown. Charming, updated home in Hist...	3 beds \| 2 baths \| 2,162 sq.ft.	$345,000	Airbnb cash on cash: 4.42% Traditional cash on cash: 4.61% Airbnb Rental Income: $2779 Traditional Rental Income: $2190 Airbnb ROI: 4.42% Traditional ROI: 4.61%
610 8th ST NW Roanoke, VA You will love this 1920s classic brick four square located in the heart of Roanoke City. E...	4 beds \| 2 baths \| 1,792 sq.ft.	$185,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.02% Airbnb Rental Income: $null Traditional Rental Income: $2212 Airbnb ROI: N/A Traditional ROI: 10.02%
1625 Eanes RD Roanoke, VA Versatile Brick Ranch with Income Potential in Roanoke County! This well-maintained 3-bedr...	4 beds \| 3 baths \| 2,145 sq.ft.	$339,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.59% Airbnb Rental Income: $null Traditional Rental Income: $2774 Airbnb ROI: N/A Traditional ROI: 6.59%
8715 Little Hoop RD Roanoke, VA New paint throughout, customized window seat, newly added built in fireplace and new front...	2 beds \| 3 baths \| N/A	$275,000	Airbnb cash on cash: 1.17% Traditional cash on cash: 4.6% Airbnb Rental Income: $1600 Traditional Rental Income: $2036 Airbnb ROI: 1.17% Traditional ROI: 4.6%
5215 Eden AVE Roanoke, VA Beautiful 3 BR, 1 BA home in Penn Forest School District located near shopping and restaur...	3 beds \| 1 baths \| 1,260 sq.ft.	$269,950	Airbnb cash on cash: 1.51% Traditional cash on cash: 4.29% Airbnb Rental Income: $1346 Traditional Rental Income: $1639 Airbnb ROI: 1.51% Traditional ROI: 4.29%
5877 Buckland Mill RD Roanoke, VA Beautiful, remodeled home with a rocking chair front porch in highly desirable North Count...	4 beds \| 3 baths \| 2,403 sq.ft.	$389,950	Airbnb cash on cash: 4.23% Traditional cash on cash: 5.73% Airbnb Rental Income: $2956 Traditional Rental Income: $2825 Airbnb ROI: 4.23% Traditional ROI: 5.73%
1624 24th ST NE Roanoke, VA Be sure to not scroll by this home in mint condition just built in 2023 and filled with im...	3 beds \| 3 baths \| 1,680 sq.ft.	$279,950	Airbnb cash on cash: 4.59% Traditional cash on cash: 4.69% Airbnb Rental Income: $2471 Traditional Rental Income: $1897 Airbnb ROI: 4.59% Traditional ROI: 4.69%
1810 Windsor AVE SW Roanoke, VA Well maintained and nicely updated classic foursquare home in the heart of Raleigh Court! ...	4 beds \| 2 baths \| 1,823 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.53% Airbnb Rental Income: $null Traditional Rental Income: $2117 Airbnb ROI: N/A Traditional ROI: 3.53%
1202 MELROSE AVE NW Roanoke, VA GREAT TURN KEY INVESTMENT APTS - UPGRADED ELECTRICAL WIRING - STORAGE IN ATTIC AND BASEMEN...	N/A beds \| N/A baths \| N/A	$176,700	Airbnb cash on cash: N/A Traditional cash on cash: 5.28% Airbnb Rental Income: $null Traditional Rental Income: $1218 Airbnb ROI: N/A Traditional ROI: 5.28%
1602 Campbell AVE SE Roanoke, VA Welcome to 1602 Campbell Ave in Roanoke - a versatile property perfect for first-time home...	2 beds \| 1 baths \| 1,178 sq.ft.	$155,000	Airbnb cash on cash: 5.98% Traditional cash on cash: 5.4% Airbnb Rental Income: $1747 Traditional Rental Income: $1180 Airbnb ROI: 5.98% Traditional ROI: 5.4%
3506 Bunker Hill DR Roanoke, VA Charming 3-bedroom, 1-bath brick single-family home located in the desirable Hidden Valley...	3 beds \| 1 baths \| 1,377 sq.ft.	$264,950	Airbnb cash on cash: 1.57% Traditional cash on cash: 4.17% Airbnb Rental Income: $1346 Traditional Rental Income: $1584 Airbnb ROI: 1.57% Traditional ROI: 4.17%
1404 10th ST NE Roanoke, VA Welcome home to this beautifully renovated house, perfectly located just minutes from Down...	3 beds \| 2 baths \| 1,179 sq.ft.	$214,800	Airbnb cash on cash: 8.06% Traditional cash on cash: 2.99% Airbnb Rental Income: $2780 Traditional Rental Income: $1096 Airbnb ROI: 8.06% Traditional ROI: 2.99%
5237 Roselawn RD Roanoke, VA Welcome to this beautifully maintained home in sought-after Cave Spring offering several r...	4 beds \| 3 baths \| 2,038 sq.ft.	$439,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.72% Airbnb Rental Income: $null Traditional Rental Income: $1140 Airbnb ROI: N/A Traditional ROI: 0.72%
1713 Ashbury CT Roanoke, VA Welcome to this beautiful brick home in Meadows of Trent! With 4 spacious bedrooms and 2.5...	4 beds \| 4 baths \| 2,963 sq.ft.	$499,950	Airbnb cash on cash: N/A Traditional cash on cash: 3.34% Airbnb Rental Income: $null Traditional Rental Income: $2577 Airbnb ROI: N/A Traditional ROI: 3.34%

Real Estate investment in Roanoke, VA

There are 212 properties for sale in the city of Roanoke . The median list price in Roanoke is $323,449 and the average price per square foot is $156. In September 2025, the average monthly cash on cash return in Roanoke is 5.00%. The average monthly rental income in Roanoke is $2,095.

Roanoke, VA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 212 investment properties available for sale in Roanoke.

In 2025, the best neighborhood to buy investment property is Shenandoah West.

The ROI for Long-Term is higher than the Short-Term in Roanoke with average rental income of $2,095.

Your search for investment property begins and ends here

Investment Property for Sale in Roanoke, VA

2631 Idlewild BLVD NE

Roanoke, VA

3 beds | 2 baths | 2,058 sq.ft.

$310,000

Airbnb cash on cash: 5.26%

Traditional cash on cash: 3.46%

Airbnb Rental Income: $2807

Traditional Rental Income: $1627

Airbnb ROI: 5.26%

Traditional ROI: 3.46%

2125 Yellow Mountain RD

Roanoke, VA

3 beds | 4 baths | N/A

$1,250,000

Airbnb cash on cash: 0.35%

Traditional cash on cash: -0.31%

Airbnb Rental Income: $3168

Traditional Rental Income: $1675

Airbnb ROI: 0.35%

Traditional ROI: -0.31%

1609 Center Hill DR SW

Roanoke, VA

3 beds | 3 baths | 2,216 sq.ft.

$485,000

Airbnb cash on cash: -0.51%

Traditional cash on cash: 3.38%

Airbnb Rental Income: $1203

Traditional Rental Income: $2576

Airbnb ROI: -0.51%

Traditional ROI: 3.38%

110 Barbara LN

Roanoke, VA

3 beds | 2 baths | 2,128 sq.ft.

$369,950

Airbnb cash on cash: 4.3%

Traditional cash on cash: 5.16%

Airbnb Rental Income: $2780

Traditional Rental Income: $2428

Airbnb ROI: 4.3%

Traditional ROI: 5.16%

3515 Yellow Mountain RD SE

Roanoke, VA

3 beds | 2 baths | 1,620 sq.ft.

$270,000

Airbnb cash on cash: 6.3%

Traditional cash on cash: 5.28%

Airbnb Rental Income: $2921

Traditional Rental Income: $1986

Airbnb ROI: 6.3%

Traditional ROI: 5.28%

5333 Thornrose RD

Roanoke, VA

3 beds | 3 baths | 1,582 sq.ft.

$270,000

Airbnb cash on cash: 3.97%

Traditional cash on cash: 6.71%

Airbnb Rental Income: $2084

Traditional Rental Income: $2245

Airbnb ROI: 3.97%

Traditional ROI: 6.71%

8664 Martins Creek RD

Roanoke, VA

3 beds | 3 baths | 1,612 sq.ft.

$335,000

Airbnb cash on cash: 0.95%

Traditional cash on cash: 4.61%

Airbnb Rental Income: $1346

Traditional Rental Income: $2084

Airbnb ROI: 0.95%

Traditional ROI: 4.61%

4915 Pomeroy RD NW

Roanoke, VA

2 beds | 2 baths | 1,676 sq.ft.

$269,950

Airbnb cash on cash: 4.21%

Traditional cash on cash: 4.94%

Airbnb Rental Income: $2218

Traditional Rental Income: $1847

Airbnb ROI: 4.21%